82
82
Dec 7, 2012
12/12
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CSPAN2
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it takes investment in equipment and science education and infrastructure and so forth. the question many people don't want to consider is when we get those resources? i asked our research department of the would make a prediction from important the interest costs would be if we did nothing and the estimate without any explosion will was as follows. within 25 years or so, our interest costs would jump from about 1% of gdp to 12% of gdp or roughly four times the total investment made in r&d r&d fer, science jaish infrastructure. and if we ever permit that to happen, we will assure that we are going to have what i call a slow-growth crisis. please take over, this is your meeting. >> one thing i don't plan to be is an economics expert. i felt this way for years it's not just about the health of our economy, it's about around the world it's going to continue to eat at us and when you put in the kind of time bombs of was the intent. it was supposed to be so hammes that congress would never permit it to happen. it's stretched and stressed at the time. i'm one that set for a lo
it takes investment in equipment and science education and infrastructure and so forth. the question many people don't want to consider is when we get those resources? i asked our research department of the would make a prediction from important the interest costs would be if we did nothing and the estimate without any explosion will was as follows. within 25 years or so, our interest costs would jump from about 1% of gdp to 12% of gdp or roughly four times the total investment made in r&d...
125
125
Dec 6, 2012
12/12
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CSPAN2
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eye 125
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imports based upon restrictions not supported by sound science. so now i'm going to tell you about some problems i have with russia even though i want russia to be in the w.t.o. and i want this legislation to pass so it can be fully implemented. now i would say some things that we have problems. let's take pork exports as an example. in 2008, u.s. pork sales to russia totaled over 200,000 metric tons, and since that time, exports have fallen nearly 60% due to russia's reduced import quotas and questionable sanitary and phyto sanitary restrictions. i'm pleased our trade negotiators were able to negotiate a satisfactory trade rate quota for our pork, but this administration under president obama has fallen short in its obligation to stand up with u.s. farmers on these sanitary and phyto-sanitary standards. in other words, using sound science instead of some i illegitimate reason for keeping our products out of russia. i have communicated time and again what i expected of this administration because they have to negotiate for us. in june 2011, i led
imports based upon restrictions not supported by sound science. so now i'm going to tell you about some problems i have with russia even though i want russia to be in the w.t.o. and i want this legislation to pass so it can be fully implemented. now i would say some things that we have problems. let's take pork exports as an example. in 2008, u.s. pork sales to russia totaled over 200,000 metric tons, and since that time, exports have fallen nearly 60% due to russia's reduced import quotas and...
98
98
Nov 29, 2012
11/12
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CSPAN2
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eye 98
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he gave a speech in which he says he wants to use the tax hike to invest in training, education, science and research. when you're in a deep, deep hole, you're borrowing almost 40 cents of every dollar you spend, shouldn't you constrain yourself and not start new programs? or if you start a new needed program, shouldn't you reduce some less valuable program to pay for it instead of just taxing to create more programs? so not once in the speech did he discuss entitlements. it's the largest item in our government, entitlements. not once did the president of the united states discuss with the american people the problem of social security, medicare, medicaid are on an unsustainable path and are at great risk. shouldn't the president honestly talk to the american people about that? he didn't discuss our $16 trillion debt and how the debt commission that he appointed indicates that we're on an unsustainable path heading to a fiscal crisis. he did not discuss that. or the economic catastrophe that could occur if we don't get off this unsustainable path. the president should lead on these thing
he gave a speech in which he says he wants to use the tax hike to invest in training, education, science and research. when you're in a deep, deep hole, you're borrowing almost 40 cents of every dollar you spend, shouldn't you constrain yourself and not start new programs? or if you start a new needed program, shouldn't you reduce some less valuable program to pay for it instead of just taxing to create more programs? so not once in the speech did he discuss entitlements. it's the largest item...
137
137
Dec 6, 2012
12/12
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CSPAN2
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eye 137
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impoverished family came to delaware and established a chemical company and now they have quite a successful science company in our state for over 200 years. we have cars. we built a lot of cars over the years, g.m. and chrysler products. over half of the new york stock exchange, half the fortune 500, being credit card business in our state. the coast of our state is the site of the nation's summer capital, rehoboth beach and a bunch of other places. the letter "c" has been pretty big. people say why do they call you the first state? we're the first colony that threw off the yoke of the british tyranny and at the same time said pennsylvania take a hike, we want to be a state on our own. 225 years from tomorrow to be exact, the first state to ratify the constitution. but we have the best beaches in the country. last year i think there were four or five-star beaches in america, two in delaware. rehoboth and dewey. the best air force base in the world. we have, i think, the finest judiciary, finest judicial system in the state. we have the best financial controls and financial controls and cash managem
impoverished family came to delaware and established a chemical company and now they have quite a successful science company in our state for over 200 years. we have cars. we built a lot of cars over the years, g.m. and chrysler products. over half of the new york stock exchange, half the fortune 500, being credit card business in our state. the coast of our state is the site of the nation's summer capital, rehoboth beach and a bunch of other places. the letter "c" has been pretty...